MalayMail-Mar 27

A survey by an online home services platform Recommend.my have found that 68.9 per cent of local small and medium enterprises (SMEs) have suffered more than 50 per cent drop in business within one week of the movement control order (MCO). The survey which studied SME sentiments one week prior to the lockdown and one week after also found that almost 100 per cent of local businesses have a negative outlook for the Malaysian economy for the rest of the year with more than half having a negative outlook on their own businesses.

Read more at: https://www.malaymail.com/news/malaysia/2020/03/27/covid-19-after-mco-survey-finds-nearly-70pc-smes-lost-half-income/1850688